Market Statistics for Coral Springs Home Sales during Sept 2012.

Market Statistics for Coral Springs Home Sales during Sept 2012. Are you selling your home in Coral Springs? Review here to see what happened with Single Family home sales in Coral Springs, during September 2012.

 

With the drop in home sales this month of September we’ve seen the Absorption Rates increase to just over 3% which is still favorable for Coral Springs residents looking to sell their homes. Coral Springs needs more Sellers to sell their home to beef up the availability of homes on the market.

Absorption Rates can vary by Neighborhood. Call me at 954-464-1100 and we can go over the absorption rate for your neighborhood so you know what to expect.

Do you live in any of the Coral Springs Flo neighborhoods below?

 

The neighborhoods of North Springs, Ramblewood & Wyndham Lakes all had 5 homes each sold in their neighborhoods during September.

Below are how the remaining neighborhoods fared:

Butler Farms 4 Coral Creek 3 Coral Springs Country Club 4

Forest Hills 2 Heron Bay 2 to include Tuscany & Enclave

Kensington 4 to include Classics, Gardens, Green, & Sanctuary

North Springs 5 Oakwood 2 Pine Ridge 4 Ramblewood 5

Shadowwood 2 Turtle Run 3 West Glen Manor 2

Westchester 3 Woodside Estates/Preserve 2

Wydham Lakes 5 to include Coventry Place, Bay Pointe, Golden Bay and Park Place

Where should you price your home? Consider price points when setting a price to sell your home in Coral Springs, as I discuss each month, these price points can tell you where there are a lot of Buyers looking in a particular range and are willing to pay that price thereby, increasing the chance of your home being sold.

Not sure of where you should price your home; If you want to know, please contact me for a complimentary valuation of your home. As I’ve said before: Pricing your home right at the onset is so important.

Price Range           Quantity

$149,999 or under       6

$150,000 -$199,999    15

$200,000 -$249,999    22

$250,000 -$299,999    14

$300,000 -$349,999    11

$350,000 -$399,999    7

$400,000 -$449,999    3

$450,000 -$499,999    2

$500,000 -$549,999    0

$550,000 -$599,999    0

$600,000 -$699,999    1

$700,000 -$799,999    0

$800,000 -$899,999    0

$900,000 -$999,999    0

$1,000,000 or over      0

Total                            81

 

Days on the Market before Selling

                       0-30 Days    31-60 Days    61-90 Days   91-120 Days  120+ Days

No. of Listings      35                   19                  12                     5                  10

Breakdown %      43.21%         23.46%           14.81%            6.17%          12.35%

Avg % SP/LP*      97.98%        93.48%           96.12%          95.89%           95.27%

* This row indicates what percentage of the list price that the home sold (sales price) for during Sept 2012.

As your local Coral Springs REALTOR®, I’d be glad to help you sell your home in Coral Springs. Check out our blog each month for Market Statistics for Coral Springs home sales. Or if you simply have questions about the selling process, please feel free to call me or email. Or if you want to know your home’s value, just call me or email me. Call me at 954-464-1100 or email me at LynnP@ImagineYourHouse.com.

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